强平是指当分配给你仓位的保证金不再能满足维持保证金要求时,仓位被强制平掉。它是自动的、不可逆的,并且会让你损失支撑该仓位的大部分或全部保证金。
随着市场朝不利于你仓位的方向变动,你的未实现亏损增加,有效保证金减少。一旦它跌破维持保证金底线,你的仓位就会被强平。在默认的逐仓模式下,每个仓位单独计算。
在全仓模式下,你的各个仓位共用你的永续合约现金余额作为保证金,所以一个仓位的亏损可能会改变另一个仓位的强平价格。全仓的说明见 https://help.fomo.family/en/articles/17983871-cross-margin-on-perps。
触发时会发生什么
强平触发时,协议会首先尝试在订单簿上以可得的最优价格平掉你的仓位。如果在那里成交,覆盖亏损后剩余的保证金仍归你所有。
如果市场没有足够的流动性来吸收这次平仓,会由一个后备机制接管仓位,这种情况下维持保证金不会退还。在逐仓模式下,只有该特定仓位及其分配的保证金受影响。
在逐仓模式下,你的其他仓位和永续合约现金余额的其余部分不受影响。在全仓模式下,各仓位共用保证金,所以被强平的可能超出开仓保证金,波及更多的永续合约现金余额。无论哪种情况,强平中损失的资金都无法由 fomo 或任何人找回。
强平以标记价格为准
你的强平由标记价格触发,而不是你在图表上看到的最新成交价。标记价格是协议对某资产的官方参考价格,由预言机价格(主要外部交易所的综合价格)与协议上的本地交易活动结合计算得出。
它的存在是为了让单个交易所上短暂、孤立的价格尖刺无法单独把你的仓位推向强平。这也是为什么你的仓位可能在图表显示另一个数字时被强平,或者在标记价格未反映的短暂图表尖刺中安然无恙。
强平价格是一个估算值
应用中显示的预计强平价格正如其名,只是一个估算。对于逐仓仓位,它会随着资金费从你的保证金中扣除,或者你添加或减少保证金而变化。对于全仓,它还会随着你其他仓位的亏损以及你从永续合约余额转出的现金而变动。
远离强平
设在强平价格以内的止损会在到达强平之前自动平掉仓位。如果止损设在强平价格或更远处,应用会提醒你,因为那个止损永远不会触发。使用较低的杠杆,从一开始就能让强平价格离你的入场价更远。
永续合约("Perps")由第三方协议提供,不向美国人士(美国公民、居民或任何身处美国的人)开放。请勿尝试从美国境内访问永续合约。
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Representations and Warranties. By accessing or using Perps functionality, you represent and warrant that: (a) you are not a U.S. Person; (b) you are not accessing Perps from within the United States; (c) you are not accessing Perps on behalf of, or for the benefit of, any U.S. Person; (d) you will not use any technology, mechanism, or technique (including a VPN, proxy, or similar tool) to circumvent or attempt to circumvent geographic restrictions on Perps; and (e) you understand that these representations are material and that Fomo is relying on them in providing you access to Perps functionality.
